Stock Track | SanDisk Plunges 5.15% in Pre-market as Kioxia Earnings Miss Sparks Storage Sector Sell-off

Stock Track

Aug 03

SanDisk Corp. (SNDK) shares tumbled 5.15% in pre-market trading on Monday, as disappointing quarterly results from industry peer Kioxia triggered a broad sell-off across the storage chip sector.

The decline came after Kioxia reported quarterly revenue of 1.77 trillion yen and operating profit surging 27-fold to 1.27 trillion yen, but both figures fell short of market expectations. The operating profit missed the consensus estimate of 1.37 trillion yen, swiftly shifting market sentiment and dragging down storage chip stocks including SanDisk and Micron Technology. The broader chip sector also faced pressure, with multiple semiconductor names trading lower in the pre-market session.

Adding to investor caution, SanDisk is scheduled to report its quarterly earnings on August 5 after market close, with consensus expectations of approximately $84 billion in revenue and adjusted EPS of $34.45. The upcoming report follows a cumulative 47% decline in July, and investors remain wary about whether the results can validate the sustainability of AI-driven storage demand, intensifying pre-earnings volatility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1130764429"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1130764429\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1130764429?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-03 20:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130764429","market":"nz","top_or_hot":-1,"title":"Stock Track | SanDisk Plunges 5.15% in Pre-market as Kioxia Earnings Miss Sparks Storage Sector Sell-off","media":"Stock Track","content":"<p>SanDisk Corp. (SNDK) shares tumbled 5.15% in pre-market trading on Monday, as disappointing quarterly results from industry peer Kioxia triggered a broad sell-off across the storage chip sector.</p><p>The decline came after Kioxia reported quarterly revenue of 1.77 trillion yen and operating profit surging 27-fold to 1.27 trillion yen, but both figures fell short of market expectations. The operating profit missed the consensus estimate of 1.37 trillion yen, swiftly shifting market sentiment and dragging down storage chip stocks including SanDisk and Micron Technology. The broader chip sector also faced pressure, with multiple semiconductor names trading lower in the pre-market session.</p><p>Adding to investor caution, SanDisk is scheduled to report its quarterly earnings on August 5 after market close, with consensus expectations of approximately $84 billion in revenue and adjusted EPS of $34.45. The upcoming report follows a cumulative 47% decline in July, and investors remain wary about whether the results can validate the sustainability of AI-driven storage demand, intensifying pre-earnings volatility.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SanDisk Plunges 5.15% in Pre-market as Kioxia Earnings Miss Sparks Storage Sector Sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SanDisk Plunges 5.15% in Pre-market as Kioxia Earnings Miss Sparks Storage Sector Sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-08-03 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SanDisk Corp. (SNDK) shares tumbled 5.15% in pre-market trading on Monday, as disappointing quarterly results from industry peer Kioxia triggered a broad sell-off across the storage chip sector.</p><p>The decline came after Kioxia reported quarterly revenue of 1.77 trillion yen and operating profit surging 27-fold to 1.27 trillion yen, but both figures fell short of market expectations. The operating profit missed the consensus estimate of 1.37 trillion yen, swiftly shifting market sentiment and dragging down storage chip stocks including SanDisk and Micron Technology. The broader chip sector also faced pressure, with multiple semiconductor names trading lower in the pre-market session.</p><p>Adding to investor caution, SanDisk is scheduled to report its quarterly earnings on August 5 after market close, with consensus expectations of approximately $84 billion in revenue and adjusted EPS of $34.45. The upcoming report follows a cumulative 47% decline in July, and investors remain wary about whether the results can validate the sustainability of AI-driven storage demand, intensifying pre-earnings volatility.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNDK","symbol_name":"闪迪","start_time":0,"source_url":"","article_id":"1130764429","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130764429","pubTimestamp":1785758784,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SanDisk Corp. (SNDK) shares tumbled 5.15% in pre-market trading on Monday, as disappointing quarterly results from industry peer Kioxia triggered a broad sell-off across the storage chip sector.The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNDK":"闪迪"},"translate_title":"股票跟踪 | 铠侠盈利不佳引发存储行业抛售，闪迪盘前暴跌 5.15%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/20bdb62d01c7f16fcfd47d4231c38141","symbols_score_info":{"SNDK":1},"content_text":"SanDisk Corp. (SNDK) shares tumbled 5.15% in pre-market trading on Monday, as disappointing quarterly results from industry peer Kioxia triggered a broad sell-off across the storage chip sector.The decline came after Kioxia reported quarterly revenue of 1.77 trillion yen and operating profit surging 27-fold to 1.27 trillion yen, but both figures fell short of market expectations. The operating profit missed the consensus estimate of 1.37 trillion yen, swiftly shifting market sentiment and dragging down storage chip stocks including SanDisk and Micron Technology. The broader chip sector also faced pressure, with multiple semiconductor names trading lower in the pre-market session.Adding to investor caution, SanDisk is scheduled to report its quarterly earnings on August 5 after market close, with consensus expectations of approximately $84 billion in revenue and adjusted EPS of $34.45. The upcoming report follows a cumulative 47% decline in July, and investors remain wary about whether the results can validate the sustainability of AI-driven storage demand, intensifying pre-earnings volatility.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}